Knowing enough to know, that we don’t sufficiently know enough to know how the Funding for Lending is working, is sufficient to know we know enough to feel reassured, after listening and watching an increased floundering from a variant of lender managers, working with the scheme, as a gurgled excuse (not reasoned response) is the suggestive qualifying factor – There’s a new order within their employment arena.
It might be there is a threat of being taken out to the dog’s home hanging over them because Andrex-puppy enthusiasm is in short supply. A metaphoric ball we recently rolled the way of a lender, whose bright eyes and wet nose indicated a healthy ability (that too was a metaphor – not the symptoms of hay fever), after pawing (metaphor again) it around a while, the killer response was ‘not willing to support it’ – which we read as ‘can’t be bothered’, ‘not worth the effort’.
FFL ‘should allow banks to increase the availability of credit’ but, from the figures given out (August to December 2012), the imbalance between the BofE suggested £14bn withdrawn from FFL, and the lending figures for the same period, it didn’t happen. Now, BofE has finalised plans to extend FFL: 2015 not January 2014, additionally, during 2013 every £1 lent out offers access to £10 drawdown. But is this a clue as to why excuse and not reason was given from the business manager who takes his orders from above (another manager – not to be misconstrued with God)?
Or is it that to unravel the new order of supply and demand it’s enough to know that nobody knows enough?
Image credit: den99 Article credit: Copyright SUF 2013